Krispy Kreme CFO covers taxes with 5,967 shares

Krispy Kreme, Inc. Chief Financial Officer Raphael Duvivier reported a routine tax-related share disposition.

Rhea-AI Filing Summary

Krispy Kreme, Inc. Chief Financial Officer Raphael Duvivier reported a routine tax-related share disposition. On the vesting of restricted stock units, he surrendered 5,967 shares of common stock at $3.64 per share to cover tax withholding, rather than selling shares in the open market.

After this transaction, his direct and RSU-related holdings total 552,607 shares, including 153,010 directly held shares and 399,597 unvested RSUs noted in the footnotes. This reflects a standard compensation and tax-settlement event, not an open-market trade.

Insider Trade Summary

Exercise Price or Tax Liability: 5,967 shares

Exercise Price or Tax Liability 1 txn

Insider Duvivier Raphael

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	5,967	$3.64	$22K

Holdings After Transaction: Common Stock — 552,607 shares (Direct)

Footnotes (2)

1. F1. Reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs").
2. F2. Direct: 153,010, unvested RSUs: 399,597.

Key Figures

Tax-withholding shares: 5,967 shares Tax-withholding price: $3.64 per share Total shares following transaction: 552,607 shares +2 more

5 metrics

Tax-withholding shares 5,967 shares Surrendered on RSU vesting to cover tax withholding

Tax-withholding price $3.64 per share Value assigned to shares surrendered for taxes

Total shares following transaction 552,607 shares Reported holdings after tax-withholding disposition

Directly held shares 153,010 shares Direct ownership noted in footnote

Unvested RSUs 399,597 units Unvested restricted stock units disclosed in footnote

Key Terms

restricted stock units ("RSUs"), tax withholding, unvested RSUs, tax-withholding disposition

4 terms

restricted stock units ("RSUs") financial

"Reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

tax withholding financial

"shares surrendered to cover tax withholding for the vesting of restricted stock units"

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

unvested RSUs financial

"Direct: 153,010, unvested RSUs: 399,597."

tax-withholding disposition financial

"transaction_action: "tax-withholding disposition" for code F"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Krispy Kreme (DNUT) CFO Raphael Duvivier report in this Form 4?

Raphael Duvivier reported a tax-related share disposition. He surrendered 5,967 shares of Krispy Kreme common stock to cover tax withholding tied to vested restricted stock units, rather than executing an open-market sale of his holdings.

How many Krispy Kreme shares were used to cover taxes for the CFO?

The CFO surrendered 5,967 shares for tax withholding. These shares were valued at $3.64 per share and were delivered to satisfy tax obligations arising from the vesting of restricted stock units, a common feature of equity compensation.

Was this Krispy Kreme (DNUT) insider transaction an open-market sale?

No, the transaction was not an open-market sale. The Form 4 identifies it as a tax-withholding disposition, with shares surrendered to cover taxes on vested restricted stock units rather than being sold through the market.

How many Krispy Kreme shares does the CFO hold after this transaction?

Post-transaction, the CFO is shown with 552,607 shares. Footnotes specify 153,010 shares held directly and 399,597 unvested restricted stock units, indicating a substantial remaining equity position after the tax-withholding event.

What does the F transaction code mean in this Krispy Kreme Form 4?

The F code indicates a tax-withholding disposition. It means shares were delivered to pay the exercise price or tax liability, here specifically to cover tax withholding associated with the vesting of restricted stock units rather than voluntary buying or selling.

How significant is the 5,967-share disposition for Krispy Kreme’s CFO holdings?

The 5,967-share disposition is small relative to total holdings. After the transaction, the Form 4 shows 552,607 shares including direct shares and unvested RSUs, so the tax withholding represents only a minor portion of his overall equity exposure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/11/2026 - 04:32 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Duvivier Raphael

(Last) (First) (Middle)

C/O KRISPY KREME, INC.

2116 HAWKINS STREET, SUITE 101

(Street)

CHARLOTTE NORTH CAROLINA 28203

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Krispy Kreme, Inc. [ DNUT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/08/2026		F		5,967(1)	D	$3.64	552,607(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reported transaction consists of shares surrendered to cover tax withholding for the vesting of restricted stock units ("RSUs").

2. Direct: 153,010, unvested RSUs: 399,597.

Remarks:

	/s/ Christine McDevitt, Attorney-in-fact	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)